SBI Long Term Equity Fund Direct Plan Growth

Equity
ELSS
Very High Risk
3Y Lock In
27.68%
3Y annualised
-0.14% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 Feb 2024₹395.36
Min. SIP amount₹500
Rating5
Fund size₹20,085.15Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns58.8%27.7%23.2%17.1%
Category average38.1%19.3%18.6%NA
Rank with in category224NA
Understand terms

Holdings (65)

NameSectorInstrumentAssets
FinancialEquity3.80%
Capital GoodsEquity3.80%
CommunicationEquity3.24%
EnergyEquity3.24%
Capital GoodsEquity3.16%
FinancialEquity3.09%
AutomobileEquity2.81%
FinancialEquity2.79%
EnergyEquity2.77%
EnergyEquity2.75%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Lock-in period: 3Y
Lower expense ratio: 0.97%
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher alpha: 6.27 The fund has generated returns higher than benchmark - S&P BSE 500 Total Return Index - in the last 3Y
Consistently top ranked fund

Expense ratio, exit load and tax

Expense ratio: 0.97%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Dinesh Balachandran
Sep 2016 - Present
View details

Education
Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.
Experience
Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
Launch Date
29 Jun 1987
E-mail
NA
SBI Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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